Ford, GE, and McDonald's are global advertisers that use a standardized approach to marketing and advertising in all countries.

Answer the following statement true (T) or false (F)


True

Multinationals that use a standardized approach to marketing and advertising in all countries are considered global marketers, and they create global brands. Their assumption is that the way the product is used and the needs it satisfies are universal. McDonald's, Coca-Cola, Ford, Apple, GE, and L'Oréal are global advertisers.

Business

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Answer the following statements true (T) or false (F)

1. In the late 1990's, Schwinn Inc. closed all of its bicycle manufacturing plants in China and moved them to the United States. 2. The advent of foreign competition forced Kodak Inc. to go into bankruptcy and to cease operating as a producer of cameras and film. 3. In the United States, tariffs and quotas are commonly used as tools designed to restrict trade among the fifty states. 4. Critics maintain that U.S. trade policies have mainly benefited large corporations rather than the average American citizen. 5. The “Made in America” emblem printed on televisions sold by Element Electronics is intended to inform consumers of its commitment to create quality manufacturing jobs in the United States. 6. Workers sometimes face demands for wage reductions from their employers, which threaten to export jobs abroad if wage reductions are not accepted.

Business

RayCorp offers to buy out MegaCorp by paying $69 per share. LandCo, who also wants to buy MegaCorp, offers to pay $75 per share. When the bidding process is finally over, RayCorp has offered $85 per share and LandCo has offered to pay $90 per share. MegaCorp agrees to sell to RayCorp on grounds that, all things considered, the takeover by RayCorp would be better for the business. LandCo claims

that MegaCorp should have sold the company to it since it was the highest bidder. Is LandCo correct? a. Yes. This is a breach of duty. MegaCorp must sell the company to the highest bidder; it cannot give preferential treatment to a lower bidder. b. No. This is covered by the Williams Act. c. No. The directors have broad discretion in deciding to whom to sell the company. d. No. MegaCorp is acting in good faith by considering all things, not just the offering price of the shares.

Business

One of the defining points of a network, a junction point joined to some or all of the others by dependency lines, is called a(n):

A) Event. B) Path. C) Node. D) Burst.

Business

The best way for a company to survive in the current marketplace is to raise prices and target only those customers who can afford to pay them.

Answer the following statement true (T) or false (F)

Business